MBIT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MBIT
Largest movements
- Cash +€30,453
up €30,453 (+31.0%), from €98,081 to €128,534
mainly Net result for the year (+€41,834) and Tax, wage and social debts (+€20,414)
- Receivables within one year +€4,088
up €4,088 (+20.7%), from €19,704 to €23,792
of which Trade receivables: +€8,144
- Tangible fixed assets +€2,112
up €2,112 (+49.2%), from €4,291 to €6,403
of which Furniture and vehicles: +€2,355
- Reserves +€41,834
up €41,834 (+78.9%), from €53,004 to €94,839
- Tax, wage and social debts +€20,414
up €20,414 (+102.5%), from €19,924 to €40,338
of which Taxes: +€15,271
- Trade debts -€15,459
down €15,459 (-73.7%), from €20,970 to €5,512
- Other debts -€9,371
no longer reported in 2025 (was €9,371)
- Gross operating margin +€19,563
up €19,563 (+42.1%), from €46,484 to €66,046
- Taxes +€4,775
up €4,775 (+38.0%), from €12,549 to €17,325
- Financial charges +€1,846
up €1,846 (+80.0%), from €2,307 to €4,154
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,053 | €160,688 | +€36,635 | +29.5% |
| Fixed assets | 21/28 | €4,291 | €6,403 | +€2,112 | +49.2% |
| Tangible fixed assets | 22/27 | €4,291 | €6,403 | +€2,112 | +49.2% |
| Plant, machinery and equipment | 23 | €808 | €564 | -€244 | -30.2% |
| Furniture and vehicles | 24 | €3,484 | €5,839 | +€2,355 | +67.6% |
| Current assets | 29/58 | €119,762 | €154,285 | +€34,523 | +28.8% |
| Amounts receivable within one year | 40/41 | €19,704 | €23,792 | +€4,088 | +20.7% |
| Trade receivables | 40 | €15,472 | €23,616 | +€8,144 | +52.6% |
| Other amounts receivable | 41 | €4,232 | €176 | -€4,056 | -95.9% |
| Cash at bank and in hand | 54/58 | €98,081 | €128,534 | +€30,453 | +31.0% |
| Deferred charges and accrued income | 490/1 | €1,977 | €1,959 | -€18 | -0.9% |
| Total equity and liabilities | 10/49 | €124,053 | €160,688 | +€36,635 | +29.5% |
| Equity | 10/15 | €73,004 | €114,839 | +€41,834 | +57.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,004 | €94,839 | +€41,834 | +78.9% |
| Distributable reserves | 133 | €53,004 | €94,839 | +€41,834 | +78.9% |
| Amounts payable | 17/49 | €51,049 | €45,850 | -€5,199 | -10.2% |
| Amounts payable within one year | 42/48 | €51,049 | €45,850 | -€5,199 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €784 | - | -€784 | |
| Trade debts | 44 | €20,970 | €5,512 | -€15,459 | -73.7% |
| Suppliers | 440/4 | €20,970 | €5,512 | -€15,459 | -73.7% |
| Taxes, remuneration and social security | 45 | €19,924 | €40,338 | +€20,414 | +102.5% |
| Taxes | 450/3 | €19,924 | €35,195 | +€15,271 | +76.6% |
| Remuneration and social security | 454/9 | - | €5,143 | +€5,143 | |
| Other amounts payable | 47/48 | €9,371 | - | -€9,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,164 | €1,638 | -€526 | -24.3% |
| Other operating charges | 640/8 | €695 | €1,096 | +€400 | +57.5% |
| Gross operating margin | 9900 | €46,484 | €66,046 | +€19,563 | +42.1% |
| Operating profit (loss) | 9901 | €43,624 | €63,312 | +€19,688 | +45.1% |
| Financial charges | 65/66B | €2,307 | €4,154 | +€1,846 | +80.0% |
| Recurring financial charges | 65 | €2,307 | €4,154 | +€1,846 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €41,317 | €59,159 | +€17,842 | +43.2% |
| Income taxes | 67/77 | €12,549 | €17,325 | +€4,775 | +38.0% |
| Profit (loss) for the period | 9904 | €28,768 | €41,834 | +€13,067 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,768 | €41,834 | +€13,067 | +45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.